# Percepto Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/percepto-robotics

- Industry: Industrial Machinery
- Headquarters: Modi’in, Israel
- Website: www.percepto.co
- Total disclosed funding: $124M
- Latest round: Series C (Jun 12, 2023)
- Investors on record: 18

## About

Based in Israel, Percepto Robotics Ltd. is a technology company that specializes in autonomous drone solutions for industrial inspection and monitoring, enhancing operational efficiency through advanced data management.Founded in 2014 in Modi’in, Israel, Percepto Robotics Ltd. focuses on developing autonomous drone technology specifically for industrial applications. The firm has successfully completed 10 deals and has raised a total of USD 50.00 mn, with the most recent funding being USD 17.00 mn in a VENTURE DEBT round led by Kreos Capital. The company was established by Nir Shafrir, Ran Blayer, and Sagi Blonder, and is currently led by CEO Dor Abuhasira and Ran Blayer.Percepto specializes in autonomous drone technology designed for industrial inspection and monitoring. The core of their offering is the Percepto AIM software, which enhances inspection strategies by converting complex data into actionable insights through automated data management and AI-driven analysis. This technology is utilized across various sectors, including electric utilities, solar energy, mining, oil and gas, and heavy industrial sites, addressing use cases such as gas leak detection, solar construction, and emergency response. The company's drone-in-a-box solution provides remote operations and geospatial data management capabilities, allowing customers to conduct autonomous inspections efficiently and effectively. Percepto's client base includes large-scale industrial operators and energy companies in geographical markets such as North America, Europe, and parts of Asia, where the demand for innovative and safe inspection methods is increasing.Percepto generates revenue primarily through a subscription model for its software and hardware offerings, including its flagship products like the Percepto AIM software and the drone-in-a-box system. Transactions typically occur through direct partnerships with industrial clients who require ongoing drone-based monitoring and inspection services. Clients may engage in long-term contracts for continuous site monitoring, with structured payments facilitating regular software updates, maintenance, and support services. This model not only ensures a steady revenue stream but also allows for scalability as clients expand their operations or require additional services. The pricing structure reflects the comprehensive nature of the services provided, catering to the specific needs of each client based on the complexity and frequency of inspections required.Percepto Robotics Ltd. plans to introduce new products designed to further enhance its autonomous inspection capabilities, although specific release dates are not disclosed. The company is also looking to expand its presence in additional markets, specifically targeting regions in Asia by the end of 2024. Recent funding from Escondido Ventures will be utilized to support these initiatives, enabling the development of new technologies and the expansion of market reach.

## Funding rounds

- Series C, Jun 12, 2023, $50M — US Venture Partners, Zimmer Partners, Spider Capital, Arkin Capital, Delek, Koch Disruptive Technologies, Atento Capital
- Series B, Nov 24, 2020, $45M — US Venture Partners, Spider Capital, State of Mind Ventures, Arkin Capital, Koch Disruptive Technologies, Summit Peak Investments, Atento Capital
- Series A, May 22, 2019, $15M — US Venture Partners, R&R Ventures, Spider Capital, Hyundai Motor Company, Emerge Ventures
- Series A, Oct 1, 2018 — H20 Capital Innovation
- Seed, Jun 1, 2017, $12M — Spider Capital, Ataria Ventures
- Seed, Jan 1, 2016, $1M — Emerge Ventures, Courtside Ventures, QB1 Ventures, Elevator Fund
- Seed, Aug 12, 2015, $1M — ZhenFund
- Seed, Aug 24, 2014 — Elevator Fund

## Investors

- Elevator Fund (https://capitalatlas.ai/funds/elevator-fund) — Seed
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Seed
- Emerge Ventures (https://capitalatlas.ai/funds/emerge-ventures) — Seed, Series A
- Courtside Ventures (https://capitalatlas.ai/funds/courtside-ventures) — Seed
- QB1 Ventures — Seed
- Spider Capital (https://capitalatlas.ai/funds/spider-capital) — Seed, Series A, Series B, Series C
- Ataria Ventures (https://capitalatlas.ai/funds/ataria-ventures) — Seed
- H20 Capital Innovation (https://capitalatlas.ai/funds/h20-capital-innovation) — Series A
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series A, Series B, Series C
- R&R Ventures (https://capitalatlas.ai/funds/r-r-ventures) — Series A
- Hyundai Motor Company — Series A
- State of Mind Ventures (https://capitalatlas.ai/funds/state-of-mind-ventures) — Series B
- Arkin Capital (https://capitalatlas.ai/funds/arkin-capital) — Series B, Series C
- Koch Disruptive Technologies (https://capitalatlas.ai/funds/koch-disruptive-technologies) — Series B, Series C
- Summit Peak Investments (https://capitalatlas.ai/funds/summit-peak-investments) — Series B
- Atento Capital (https://capitalatlas.ai/funds/atento-capital) — Series B, Series C
- Zimmer Partners — Series C
- Delek — Series C